175 Bermuda DrSlidellLA70458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Slidell at 175 Bermuda Dr, Slidell, LA, 70458 priced at $115,000 pairs $863/mo rent with $151/mo cash flow after a $563/mo payment. Total monthly income equals $863/mo, and annual cash flow comes to $1,806/yr on $38,123 invested. Return on cash invested is 24.65% in year one, and rental yield stands at 9.01% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 128.3% and total cumulative return in cash reaches $48,909. For financing, Ziffy Mortgage’s DSCR program evaluates $863/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70458, Slidell, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,015 (100%) |
| Owner Occupied HU | 11,890 (66.0%) |
| Renter Occupied HU | 5,061 (28.1%) |
| Vacant Housing Units | 1,064 ( 5.9%) |
| Median Home Value | $249,480 |
| Average Home Value | $278,064 |
Housing Distribution
Address Breakdown
Residential
16,866
Single Family
14,807
Multi-Family
2,059
Businesses
1,542
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Listed by: Gregg Tepper • Keller Williams Realty Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2462075
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